April 26, 2010
PR No. 103/2010
Consent Order in the matter of M/s. Prism Informatics Limited
A Panel consisting of Whole Time Members, SEBI, Dr. K. M. Abraham and Shri Prashant Sharan, has passed consent order dated April 20, 2010 on the consent application submitted by M/s. Prism Informatics Limited (hereinafter referred to as the applicant) for non-compliance with the provisions of Regulation 8(3) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 1997, for the years 2006 and 2007 in accordance with SEBI Circular dated April 20, 2007 for consent orders.
The applicant without admitting or denying guilt has remitted a sum of Rs.2,00,000/- (Rupees Two Lakh only) towards the settlement charges in the matter.
Mumbai
April 26, 2010
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